Last year, in the wake of the coronavirus pandemic, global airfreight traffic fell by 10.6% year on year, according to... Read More The post German airfreight market registers 22% decline in 2020 appeared first on Air Cargo News. ...
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The 13,092 teu Maersk Eindhoven (pictured) lost “several hundred containers overboard” as it suffered an engine blackout in bad weather yesterday, near Japan, en route from Xiamen, China to Los Angeles. This latest box spill in the north Pacific will add urgency to a review of lashing practices on ULCVs, and could lead to...
Turkish Airlines has confirmed plans for its cargo business to become a wholly-owned subsidiary of the overall airline. In his... Read More The post Plans for Turkish Cargo to become subsidiary company confirmed appeared first on Air Cargo News. ...
Six global forwarders will ultimately determine the rates paid to airlines by Unicef for vaccine distribution. Yesterday, 16 airlines announced they had signed MoUs with Unicef to support its global vaccination plan. The agreements, which last five years, do not include pricing, according to the UN children’s organisation. “Pricing is outside the scope of...
The 2M alliance has announced a further blank sailing this week from Asia to North Europe to use the vessel on another service. The last-minute cancellation of the sailing of the 19,224 teu MSC Erica from Shanghai on 21 February is surprising, given that the ship is due at the port at 4am on Sunday...
Turkish Cargo is preparing for further growth in its airfreight volumes after gaining market share in 2020. Speaking during Cargo... Read More The post Turkish Cargo aims for further growth after improvements in 2020 appeared first on Air Cargo News. ...
It didn’t take long for privately-owned Dachser, a German 3PL with about €5.5bn of annual revenues, to change direction in 2021 after recent changes in its executive team. “With [Bernhard] Simon gone [operationally], the man who didn’t need advice from anybody, Dachser readies for a new adventure,” one source said. Simon is...
SpeedCargo Technologies has partnered with Microsoft on its cargo dimensioning technology. The company’s three solutions — Cargo Eye, Cargo Mind and... Read More The post SpeedCargo partners with Microsoft on cargo dimensioning appeared first on Air Cargo News. ...
SEEKING ALPHA‘s Robert Honeywill, whose work is always well worth a read, writes: – Expeditors has solid earnings and strong balance sheet, with no debt. – The share price appears to have gotten ahead of itself, leading to excellent double-digit returns for most investors over the last six years. – EPS growth rate, over...
Air Canada is hoping to have seven freighters operating by the end of next year. Speaking as it announced its... Read More The post Air Canada taking aim at seven B767 freighters appeared first on Air Cargo News. ...
